Ghana's Banking Model Poses Threat to 24-Hour Economy Initiative

Existing banking model could draw a dagger through Ghana’s 24-Hour Economy

Total bank advances jumped 38.6 percent to GH¢124.3 billion in June 2026, from GH¢89.7 billion a year earlier, while private-sector credit expanded 41.2 percent. Yet the structure of lending shows that the productive sectors expected to drive the 24-Hour Economy continue to receive relatively small shares of private-sector credit.

By Charles Nixon